I dont see how they can run it up too much given them bumping the size and the price several times.

Lots of unknown about Facebook, but good luck.

How long do they make you not sell shares?

Yeah, I wasn't that excited about them making all the extra shares available. But I guess that's how I was able to get 300 shares rather than the orginal 100 shares I was promised. Sounds like I can get get out of my positioin at anytime today. So depending on the run-up today, I might dump a piece of it. What do you think would be a good exit point today?

The underwriters for Facebook, namely Morgan Stanley, had to purchase many shares of FB near the open & close of the trading day. It had to do this to keep the stock from slipping below the $38 open... Not a good sign.

As OG Mike points out, they had to entice more buyers than they would have liked on a market debut. The lack of a "pop" on its opening day worries some ..

Could be treacherous. Fundamentals still say this is an expensive stock compared to the likes of Google or Apple.

Remember, FB's next quarterly earnings announcement is expected around July 25, so could continue to be rocky for quite some time. Expect to get tossed around if you buy. No one knows where to price this thing, until they string together a few quarterly releases.

Could be treacherous. Fundamentals still say this is an expensive stock compared to the likes of Google or Apple.

Remember, FB's next quarterly earnings announcement is expected around July 25, so could continue to be rocky for quite some time. Expect to get tossed around if you buy. No one knows where to price this thing, until they string together a few quarterly releases.

The PE is around 62 at the current price. AAPL and GOOG are around 16 PE

Facebook Seen Dropping 20% to Gain
Parity With Nasdaq Rivals

Facebook Inc. (FB)’s stock,
which has
already lost $25 billion in value since its public debut, would
have to drop another 20 percent for its valuation to match other
companies that do business over the Internet.

Facebook, with a
market capitalization of $79.1 billion, is
trading at 29.5 times the company’s projected 2014 profit of
$2.69 billion, data compiled by
Bloomberg show. The stock would
have to dive to $23.07 to match the average price-to-earnings
ratio for the Nasdaq Internet Index based on estimated earnings
in the next 12 months, according to the data.

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